SamSuka
The Long Investor
The Long Investor

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$NVDA

$NVDA has come very close to testing its 50 Day MA at $847 but is already showing signs now of a potential rejection.

$NVDA does not report its earnings for a number of weeks so this may be a good or bad omen. A strong showing from their report could help this higher but for me, I am favouring the ABC correction now.

$NVDA

Comments

Wave C is at the 0.5 Fib, so this would be a standard level for a Wave C pull back

Gareth Neary

You think NVDA has a chance to drop more than 50% in case SPY does similar drop?

ET


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